Gate.io Founder and CEO Signs MoU Agreement to Make City of Busan, South Korea, a Global Blockchain Hub

From October 26th to October 28th 2022, Blockchain Week Busan (BWB) 2022, was hosted by the city of Busan in South Korea. The event, which is one of the biggest blockchain events across the world, was an overwhelming success. With the theme of “Blockchain, City, and Culture”, the event invited CEOs of the world’s top blockchain exchanges and blockchain practitioners from various cities worldwide such as Miami, Singapore, and Dubai.

Gate.io, one of the largest and earliest cryptocurrency exchanges in the world, was also invited. Gate.io CEO and founder, Dr. Lin Han, together with the core Gate.io management team, attended the event. Dr. Han delivered an exciting speech introducing Gate.io’s solutions to connect blockchain technology with the real world, and also signed a memorandum of understanding (MoU) agreement with the city of Busan. Gate.io will make every effort to assist Busan in all project areas to become a global blockchain hub city.

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Link Blockchain with the Real World

At BWB2022, Dr. Lin Han, CEO and founder of Gate.io, delivered a speech on the theme of “Bring crypto to our daily life”, introducing Gate.io’s solutions to connect blockchain to daily life, sharing Gate.io’s key advances and innovations in technology and investment, and demonstrating Gate.io’s trading products and ecosystem, including digital asset payment infrastructure, asset selection, and unique portfolio margin accounts. Dr. Han also mentioned that Gate.io will increase its focus on Web 3.0 and emerging decentralized infrastructure through Gate.io’s startup incubator Gate Labs and venture capital arm, Gate Ventures.

Additionally, Dr. Lin Han highlighted the progress of Gate.io’s global expansion and regulatory compliance in key regions such as Canada, Hong Kong, Malta, Lithuania, and the UAE. He further reiterated Gate.io’s commitment to take its social responsibility as one of the world’s earliest exchanges, as Gate.io is building and operating a charity institution with “Gate Charity” as its core, aiming to use blockchain technology to promote the social impact of the digital economy globally, thus allowing more people to share the benefits of the upcoming blockchain era.

Gate.io Signs MoU with Busan City to Boost Globalization of Busan

Busan was approved to be the “regulation-free blockchain zone” by the South Korean government in 2019. With the success of last year’s “NFT BUSAN2021”, Busan has taken a step further in exploring the development of the blockchain industry and is looking forward to building the event brand through BWB 2022.

At this event, Gate.io has signed a MoU with the city of Busan. Gate.io will vigorously participate in the development of Busan’s blockchain industry, support the global expansion of related industries, and provide further assistance in related fields in the future.

Dr. Lin Han, CEO and Founder of Gate.io, said: “We are more than delighted to work with the city of Busan to build a true blockchain city that empowers the local blockchain industry. We are committed to setting up a thriving digital asset ecosystem, as an example for South Korea and abroad, and to further expand the adoption of cryptocurrency.”

The mayor of Busan said: “We are glad to know that Gate.io will jointly build the Busan Digital Asset Exchange into a leading global platform. We expect Busan to be at the forefront of the global blockchain industry and become a global leader in blockchain and digital economy.”


Roundtable Meeting for CEOs of global blockchain exchanges

At BWB2022, representatives of blockchain cities from five countries and CEOs of global blockchain exchanges were invited for a roundtable meeting, discussing blockchain ecosystems and networks and ways to build Busan a global blockchain hub city. Dr. Lin Han, CEO and Founder of Gate.io, had an in-depth discussion with other blockchain practitioners about the cooperation of global exchanges getting into Korean Market and the establishment of Busan digital asset exchange. Dr. Han also expressed his full support for the global plan for Busan Blockchain City and the globalization of blockchain-related industries.


Gate.io Booth Crowded with Big Names

Gate.io set up a booth at BEXCO in the Busan Convention and Exhibition Center, providing drinks, Gate.io introduction materials and merchandise, which not only attracted the audience, but also attracted the mayor of Busan and the representatives of the Bank of Korea to visit the booth. They had in-depth conversations with Gate.io founder and CEO Dr. Lin Han, the Eurasia head of Gate.io Dmitri Krylov, and the on-site staff.


Summary

It has been 14 years since the release of Bitcoin: A Peer-to-Peer Electronic Cash System, and the blockchain industry is on its very way to the promising land pursuing a brighter future. Investors can find out more about BTC/USDT price at Gate.io crypto exchange. Founded by Dr. Lin Han, Gate.io is also chasing its initial goal through the last nine years of hard work. Through continuous and steady technological innovation, Gate.io is actively expanding the global business layout, upgrading its comprehensive products and services, and growing together with the whole blockchain industry.

Though only three days long, the Gate.io team, led by Dr. Lin Han, found BWB2022 very rewarding. Dr. Han’s speech presented Gate.io’s global strategy and outstanding achievements to 20,000 attendees from all over the world for the first time. The signing of MoU with the city of Busan is just a starting point, and Gate.io will actively explore opportunities for cooperation in the global blockchain industry to realize the bright future that Dr. Han demonstrated in his speech “Bring crypto to daily life.”